NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Trading Up 0.4% – Time to Buy?

NYLI Candriam ESG U.S. Large Cap Equity ETF (NYSEARCA:IQSU) shares traded up 0.4% on Thursday . The stock traded as high as $49.98 and last traded at $49.98. 568 shares traded hands during trading, a decline of 92% from the average session volume of 7,398 shares. The stock had previously closed at $49.79.

NYLI Candriam ESG U.S. Large Cap Equity ETF Price Performance

The company’s 50-day moving average price is $49.39 and its two-hundred day moving average price is $47.71. The company has a market capitalization of $429.83 million, a price-to-earnings ratio of 28.69 and a beta of 1.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC boosted its stake in NYLI Candriam ESG U.S. Large Cap Equity ETF by 16.5% during the third quarter. Jane Street Group LLC now owns 17,530 shares of the company’s stock worth $839,000 after acquiring an additional 2,482 shares in the last quarter. FMR LLC bought a new position in shares of NYLI Candriam ESG U.S. Large Cap Equity ETF in the third quarter valued at $225,000. Finally, Palisades Hudson Asset Management L.P. bought a new position in shares of NYLI Candriam ESG U.S. Large Cap Equity ETF in the third quarter valued at $206,000.

NYLI Candriam ESG U.S. Large Cap Equity ETF Company Profile

The IQ Candriam ESG US Equity ETF (IQSU) is an exchange-traded fund that is based on the IQ Candriam ESG US Equity index. The fund tracks a proprietary index of large-cap US stocks selected by ESG criteria and weighted by market capitalization. IQSU was launched on Dec 17, 2019 and is managed by IndexIQ.